2024 NZD to XDR Historical Review

YEARLY HIGH

0.4718 XDR

YEARLY LOW

0.4284 XDR

YEARLY AVERAGE

0.4556 XDR

2024 NZD to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NZD to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.4718. Conversely, the yearly low was recorded on December 18, dropping to 0.4284.

This high-to-low spread represents a total annual volatility of 0.0434 XDR. From a start-to-finish perspective, comparing the January average rate of 0.4624 to the December average rate of 0.4375, the exchange rate registered a net change of -5.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4718 was down 2.36% compared to the 2023 peak of 0.4832, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NZD based on timing:

Yearly Peak High 2,359 XDR

2023 Average 2,301 XDR

Yearly Trough Low 2,142 XDR

Transaction Impact: A difference of 216.83 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4675

0.4348

JanuMarcMayJulySeptNove

NZD to XDR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.4593, compared to 0.4519 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0074 points.

H1 Avg (Jan–Jun) 0.4593

H2 Avg (Jul–Dec) 0.4519

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0237 XDR (High: 0.4669 / Low: 0.4432). On the other end, June was the most stable month, with a tight range of 0.0073 XDR (High: 0.4688 / Low: 0.4615).

July Spread (Volatile) ±0.0237

June Spread (Stable) ±0.0073

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0095 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.4624) against the same month in 2023 (average: 0.4768), the exchange rate shifted by -0.0144 (-3.02%).

2024 Avg (January) 0.4624

2023 Avg (January) 0.4768

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4718	0.4561	0.4624
February	0.4680	0.4546	0.4617
March	0.4656	0.4482	0.4568
April	0.4574	0.4461	0.4508
May	0.4648	0.4503	0.4592
June	0.4688	0.4615	0.4647
July	0.4669	0.4432	0.4562
August	0.4664	0.4442	0.4555
September	0.4701	0.4544	0.4615
October	0.4632	0.4485	0.4538
November	0.4524	0.4406	0.4470
December	0.4510	0.4284	0.4375